Real Estate Credit Investments Limited (LON:RECI) Insider Colleen McHugh Acquires 8,000 Shares

Real Estate Credit Investments Limited (LON:RECI - Get Free Report) insider Colleen McHugh purchased 8,000 shares of the business's stock in a transaction dated Thursday, November 28th. The stock was bought at an average cost of GBX 126 ($1.60) per share, with a total value of £10,080 ($12,795.13).

Real Estate Credit Investments Price Performance

RECI opened at GBX 126 ($1.60) on Friday. The firm has a market cap of £279.58 million, a P/E ratio of 1,260.00 and a beta of 0.42. The business's fifty day simple moving average is GBX 128.01 and its 200 day simple moving average is GBX 124.82. Real Estate Credit Investments Limited has a 52 week low of GBX 113.50 ($1.44) and a 52 week high of GBX 132 ($1.68). The company has a quick ratio of 0.10, a current ratio of 0.88 and a debt-to-equity ratio of 7.29.

Real Estate Credit Investments Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 5th will be paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 2.38%. Real Estate Credit Investments's dividend payout ratio is currently 12,000.00%.

About Real Estate Credit Investments

Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. The fund invests in the fixed income markets across the globe. It primarily makes its investments in asset backed securities. The fund considers coupon or cash flows on the tranche relative to the underlying credit to make its investments.

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